exchangeable

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English

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Etymology

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From exchange +‎ -able.

Adjective

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exchangeable (not comparable)

  1. Able to be exchanged.
  2. (finance) Having an associated right to be exchanged for another form of financial security.

Translations

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Noun

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exchangeable (plural exchangeables)

  1. (finance) Any financial instrument with an associated right to be exchanged for another form of financial security.